Telemarketer Pays $12M To Settle FTC Fraud Suit

Law360, New York (October 17, 2013, 4:00 PM EDT) -- Telemarketer ELH Consulting LLC agreed Wednesday to pay $11.9 million to settle Federal Trade Commission allegations that it pretended to offer reduced credit card interest rates and charged fees for the fake services, defrauding 30,000 consumers of at least $30 million.

The FTC claimed in its 2012 complaint that ELH, along with Emory L. Holley IV and Lisa Miller, violated of the Federal Trade Commission Act and the Telemarketing Sales Rule.

In addition to the payment, the defendants are permanently enjoined from participating in telemarketing and...
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